price‚ place and promotional activities. Product Life Cycle : Product Life cycle is the process through which products pass through several stages of development in its life from introduction to decline. It describes the stages a product goes through from when it was first thought of until it finally is removed from the market. Not all products reach this final stage. Some continue to grow and others rise and fall. Stages of product life cycle include : 1) Development 2) Introduction 3)
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Industry Competition Analysis Midterm Exam 1. What is Industry Life Cycle Theory? Please use global mobile phone (cell phone) manufacturing industry as an example to explain this theory. (50%) Industry Lifecycle Theory describes the different phases of growth and decline that an industry moves through. In most examples of industry lifecycles there are either 4 or 5 phases as shown below: | | Typical 4 Phase Cycle | Typical 5 Phase Cycle | The key difference is often how the
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Life cycle of a star Stars are born in nebulae. Huge clouds of dust and gas collapse under gravitational forces‚ forming protostars. These young stars undergo further collapse‚ forming main sequence stars. Stars expand as they grow old. As the core runs out of hydrogen and then helium‚ the core contacts and the outer layers expand‚ cool‚ and become less bright. This is a red giant or a red super giant (depending on the initial mass of the star). It will eventually collapse and explode. Its fate
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Organizational Life Cycle Organizational life can be as unpredictable as the weather‚ but it is somewhat predictable in stages of development. Like the human life cycle from birth to aging and death‚ some organizations have a comparable life cycle. Unlike the human life cycle‚ which moves for everyone through physical stages‚ the organization cycle is not inevitable. We use this metaphor to help leaders understand what can happen‚ usually as a result of inappropriate leadership. To grasp the nature
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Page 1 of 6 Life Cycle of Malaria Page 2 of 6 Malaria is an ancient disease transmitted by the Anopheles mosquito that predates recorded history. Historically it was common in the swampy areas around Rome‚ and was believed that the tainted air in those locations made people very sick‚ the disease was therefore named malaria for the Latin root words bad air. Malaria is caused by small parasitic protozoa of the genus Plasmodium which infects both humans and mosquitoes in a cyclical process.
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What are the Product Life Cycle (PLC) Stages used for? It helps to predict the profit levels and tailoring marketing programs according to the demand‚ your product development stage‚ current profits and level of investments and your changing customers’ needs. The Product Life Cycle (PLC) is one of the Products Portfolio Analysis and Planning Tools. What are the Product Life Cycle Stages? There are four different stages of any product from its development stage (prototype) till the product withdrawn
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Product Lifecycle Management Stage 4: Decline The decline stage of the product life cycle is the one where the product ultimately ’dies’ due to the low or negative growth rate in sales (see Figure 1). Profitability will fall‚ eventually to the point where it is no longer profitable to produce‚ and production will stop. As a number of companies start to dominate the market‚ it becomes increasingly difficult for the company in question to maintain its level of sales. Consumer tastes also change
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The product life cycle concept is the explanation of the product from its birth to death as a product exists in different stages and in different competitive environments. William j.stanton Like humans every product have certain length of life during which it passes through various stages ‚ which can conceptually be represented as product ageing process. Similar to human life a product`s life can also divided into four parts. Introductory stage Growth stage Maturity stage Decline stage
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The Life Cycles of Stars In the universe‚ there are hundreds of billions of stars. They are formed when gas and dust from space "clump" together. As the mass grows larger‚ gravity takes over and a core begins to form. The core becomes extremely dense and this compaction causes temperatures within it to rise to the point where nuclear fusion (the burning of hydrogen in a chain reaction) can begin. The heat generated by fusion can reach 24 million degrees F (Fahrenheit). "That amount of heat keeps
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the core as a gaseous shell. The gas that surrounds the core is called a "Planetary Nebula". The core that is left then becomes a "white dwarf". After the white dwarf cools down enough it stops shining and dies‚ forming a "black dwarf". Another life cycle of a star involves a star with a mass of 10 solar masses or more. These stars evolve similarly to stars of about 1 solar mass until they reach "main sequence". The star shines bright until all of its hydrogen has fused to form helium. This takes
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